The debate surrounding the environmental impact of Bitcoin has been a hot topic in recent years. However, Presidential Candidate Robert F. Kennedy (RFK) Jr. has come forward to defend Bitcoin against these criticisms. In a response to a recent Twitter thread by Daniel Feldman, RFK emphasized the symbiotic relationship between Bitcoin mining and renewable energy
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In a recent press statement, Binance, the well-known cryptocurrency exchange, announced the launch of its dedicated platform in Japan. The move is seen as a crucial step towards rebuilding trust and expanding its reach in the Asian country. Binance Japan aims to provide a sustainable Web3 ecosystem, backed by the regulatory framework set by the
Bitcoin SV (BSV), the Bitcoin hard fork project, has experienced a challenging month of price action. After facing rejection from topside resistance at $55, the cryptocurrency saw a significant retracement cascade, leading to a 34% decline. However, the recent bounce off the converged support of the 20-day moving average (20DMA) and 200-day moving average (200DMA)
Chinese police are not only interested in serving and protecting, but also in gaining access to the wallets of Web3 co-founders. This alarming revelation comes from Wuwei Liang, the brother of imprisoned CoinXP co-founder Liang Liang. In a recent blog post, Wuwei Liang warned that executives should never hand over their private keys when detained
The Internal Revenue Service (IRS) recently released updated guidelines regarding the taxation of cryptocurrency staking rewards. These guidelines specify that taxpayers who engage in cryptocurrency staking on a proof-of-stake blockchain and receive additional cryptocurrency units as validation rewards must include the value of these rewards in their gross income within the same taxable year. For
In a recent New York Times report, Republican Congressman George Santos has been accused of attempting to set up a crypto-related investment deal with a donor during his 2020 election campaign, which ultimately proved unsuccessful. The scheme involved Santos and three associates claiming that a wealthy Polish investor needed help accessing his frozen bank account
The Nigerian Securities and Exchange Commission (SEC) recently reiterated its warning that Binance’s operation within the country is illegal. In a statement released on July 28, the regulator specifically pointed out Binance’s official website and stated that the activities of Binance and any other platform through which the company solicits investors are neither registered nor
The world of cryptocurrency is ever-evolving, and the latest addition to the market is the IOTA20 token. Built upon the success of the original Internet-of-Things (IoT)-focused crypto project ecosystem, IOTA, the IOTA20 token aims to bring new life and opportunities to the project. With the potential to achieve astronomical returns similar to its predecessor, IOTA20
Music collecting has gone through various iterations over the years, from vinyl to cassettes to CDs to digital downloads. With the rise of streaming platforms like Spotify, the need for physical media has diminished. However, the emergence of on-chain music and non-fungible tokens (NFTs) is opening up new possibilities for both musicians and collectors. Unlocking
Binance, one of the leading digital asset exchanges, has recently faced regulatory challenges in various European countries. However, it has now become the first exchange to receive an Operational Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This pivotal development allows Binance to provide regulated virtual asset exchange services under VARA’s